On November 8, Alibaba Group announced that it has continued to increase investment in intelligent logistics and strengthen the logistics infrastructure of commercial operation system, leading the completion of a new round of capital increase for rookie network.Alibaba has invested 23.3 billion yuan (US $3.3 billion) in the form of capital increase and purchase of old shares, increasing its stake in rookies from about 51% to about 63%. Other existing shareholders of rookie have also participated in the new round of financing, expressing their optimistic long-term prospects and strong support for rookie.
Zhang Yong, Chairman and Chief Executive Officer of Alibaba Group, said:
It is reported that after the new round of financing,Rookie will continue to increase technical investment, promote digital upgrading of logistics industry, build a smart supply chain, serve businesses to reduce costs and increase efficiency, accelerate the construction of a global intelligent logistics backbone network, and serve global small and medium-sized enterprises to sell and transport globally.
In the last six years, the vegetable bird has become the leading intelligent logistics network platform, and the digital process of the express industry is continuously promoted, and the speed of the Chinese express in the first half of this year is accelerated by 5 hours in the first half of this year; the global supply chain of the vegetable bird
The services for consumers, such as rookie wrapping and rookie post station, jointly cooperated with express companies such as stone and Yida, have achieved a rapid growth of over 100% this year, providing more intelligent and convenient services for more than 100 million consumers.